HR 8478
Empowering States to Protect Seniors from Bad Actors Act
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Bill overview
This bill, the Empowering States to Protect Seniors from Bad Actors Act, aims to strengthen protections for older adults from financial fraud. It provides grants to state securities and insurance regulators to enhance their ability to identify, investigate, and prosecute cases of senior financial fraud, which has been increasing significantly. The grants can be used for staffing, technology, training, educational materials, and developing comprehensive plans to combat these scams, ultimately protecting vulnerable seniors from exploitation.
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Primary sponsor
Cosponsors
Eleanor Holmes [D-DC-At Large] Norton
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